1948-07-29 — Page 7

THE HONGKONG TELEGRAPH, THURSDAY, JULY 29, 1948.

FOR YOUR SPARE MOMENTS

́SIDE · GLANCES

By Galbraith

YOUR

COPD, THE BY MEA BERVICE, JUC, T. M. REN, G. E. PAT, OFF.

"I don't see why we can't afford to got married-for one thing, my mother has a brand-now washing machino and doesn't know what to do with the old ono!"

LESSON HAND

McKENNEY ON BRIDGE

Safety Play Gets Rid

•Of The Losers

4052

♥KJ9

• 10984

AA42

AKJA

N

10007

W

E32

AKIS

• 702

3

QJ108

Dealer

K073

MAQ3

AQ108746

Q

55

Lesson Hand-Neither vul.

Boath

1

West North Excl

Double Pass IA 30

3V

Pass

Pass Pats Pass Opening→→ K

13

DUMB-BELLS

REGISTERED US]= PATENT OFFICE

DON'T HOLD

MY HAND

JUST NOW, WHAT SHOULD

I SAY IF MOTHER

GAW US?

TELL HER I'M YOUR BROTHER

Check Yomi" Knowledge'.

1. Who preceded Winston Chur- chill as Prime Minister of England?

BY WILLIAM E. McKENNEY

ENERALLY speaking bridge play-

2. Name the composer of ers in the United States have contented themselves with bridge opera "Martha." books by American authors. Re cently, however, several interesting bridge books have come from Eng- land. I have just looked

over a new one by Terence Reese of Eng land entitled "Reese on Play." It is a book on the play of the hand that I can recommend highly to anyone who wants to improve his game.

the

!

3. Why are bananas while green?

harvested

4. Who are the Anzacs?

5. What scas are connected the Kiel Ship Canal?

BOR

"EXCLUSIVE TELE GRAPH' FEATURE

BIRTHDAY.

THURSDAY, JULY 29

By STELLA

formal schooling will be merely n guide-post to future sources of in- formation.

Although_arustic in inclinations, you are also shrewd and careful when it comes to business-contacts. The chances are, that you will ne cumulate considerable wealth during your lifetime. This will not come single streak of "good through a fortune", but through your efforts and hard work.

own

DORN today, you have treinendous energy and, to be happy, must bo on the go all the time, When you find yourself stymied by conditions and in a statie impasse, you becoma moody and depressed. Give a new idea on the morrow, you will bound up, renewed and energetic) ready to go out and lick the world all over again! Actually, you will find that your state of physical health has a great deal to do with these moods and if you will take care of yourself and not overdo by fits and starts, you will find your enthusiasm and your energies moro stable.

Your talents arg unusual and you

the gift of tho have

written and You are fond of spoken word. science and all that is weird and un- usual. Fond of travel, you will be interested mainly In countries where the civilisation is at ancient origin, The mystery of ages, past and long dead, intrigue you and "pique your

To and what the stars have in curloalty. Your thirst for know store for tomorrow, select your ledge is not casily quenched birthday' star and read the 'corres- and you will continue to learn ponding paragraph. Let your birth- throughout your entire life. Your day star be your dally guide.

You will have many friends of both sexes as your witty and charm→ ing personality eventually draws you into groups of your own choosing, You's women must guard against aloofness and the tendency to be overbearing or haughty except when in the presence of a very smòli in- timate circle of acquaintances. Avold this as unworthy of your best talente and of your real qualities,

FRIDAY, JULY 30

LEO (July 24-Aug. 23)-Better for personal and social contacts than for new business. Make plans, how- ever, for future operations.

VIRGO (Aug. 24-Sept. 22)—Ex- but the pansion is not suggested average, normal activities should go along spiritedly and successfully,

:

AQUARIUS (Jan. 21-Feb. 10)— Confidence in what you are doing can turn this from a mediocre day into a better than average one for your efforts.

PISCES (Feb. 20-Mar, 21)-Make progress now if your activities are based on sound fact, not fancy. Am- bition and optimism pays off.

LIBRA (8ept. 23-Oct. 23)-Plan

ARIES (Mar. 22-Apr. 20)The your activities ahead and keep an eye open for a new opportunity for natural sciences are favoured today

advancement. Be thrifty.

SCORPIO (Oct. 24-Nov. 22)- Secure slight gains in routine efforts but postpone business expansion for

Be conservativė. the time being.

SAGITTARIUS (Nov. 23»Dec. 22) Business appears fairly good but don't go "hook, line and sinker" for some new idea without first testing it.

CAPRICORN (Dec. 23-Jan. 20.)—- Be patient and things should work out all right despite criticism from outside. Face facts for-best results,

SCIENCE AT WORK:

so if you are working in these fields anticipate special success.

000

DADDY-WILL YOU PLEASE STOP PLAYING ABOUT WHEN I'M DOING MY HOMEWORK ?

BY THE

WAY

by Beachcomber

FOR THE BUSINESSMAN

SCAP MOVE TO SELL MORE JAP TEXTILES

New York, July 28-The SCAP Foreign Trado Office here announced today that Japanese colton toxilies would be available for payment in 100 percent Sterling converti- bility. It simultaneously slashed prices on 19 Japanese fabrics.

HONGKONG

SHARES

In a sweeping move, designed to alleviate the dollar shortage which is restricting the pur- chase of Japanese products in Hoft currency ""nrens, SCAP listed-practically every point.in the British Empire as eligible for the now benefits. -of

Business done on the Hongkong Stock Exchange this morning totailed $148,000 in

value. Detalls

and Malaya

transactions and noon prices follow among the Far Eastern points listed

BIARES

BANKS

HK Bank East Asia INSURANCES

Canton Valon MK Fire DOCKS, ETC.

K. Wharf

H. Pt. Wharf

Dock

LAND, ETC,

HK Hotel

ink Land

UTILITIES

BUYERS SELLERS BALES

1070 2010

140

400

784 783

Singapore were

colonies,

Pakistan, Africa wero and Burma

under United Kingdom while India, Australia, Ceylon, and South 1 @ 140

listed as Dominions, went under the heading of "other countries."

2014

17%

100 7 001%

GL

Trom

C. Light (0)

23

Electric ...

Telephone (0)

Cement

-44% 41

4254 4315

Como una flor que en la INDUSTRIALS

manana

Abre su caliz al nasciente día.

THE scientists who have been

T calculating the speed of n anall over long distances forgot that the snail doesn't travel long distances.

But what of that? There was a in one of these TAURUS (Apr. 21-May 21)-question printed Stick to routine If you want best universal examination papers which results. Going off on a new tangent will end by doing more harm than today can only bring disappoint-compulsory education. It said: "How to long does it take a rhinoceros ment.

wake?"

$]

GEMINI (May 22-June 22)- Walch out for an infraction of the

I don't know, but it is a lovely nonge that honesty the best sight, like a flower opening its policy. Don't be fooled.

petals on a June morning. It opens CANCER (June 23-July 23)Its large eyes a fraction of a second Guard your health and be cautious before it wakes. This I know 'be- rhinoceros when I to avoid

any material loss. Look cause I had n

was treacle-mining at Wadi-Yerno. carefully before you leap.

FACTORS INFLUENCING

INTELLIGENCE

By PAUL F. ELLIS

Interlade

STORES, ETC.

47 4525

**10

this

ឆន

SCAP Bald that under this Arrangement it is necessary for an importer to secure from local autho- rities a guarantee of convertibility

It defined of Sterling. "bankable in SCAP's sterling com- mercial accounts in Japan, or ster- Hing which is acceptable for SCAP business by the Hongkong and 444 Shanghai Banking Corporation, or

2316

43'

4332

0114 0212

400

M

Daly (0) .......... Dairy (New)

·Watson (Old) Watson (New) $7 Lane Crawford

400 EB

N.Y. FOREIGN EXCHANGE

New York. July 23-Foreign currencies were In relation to the US dollar quoted at the close today as follows:-

US$0.2977 Argentine Peso (Official)

2004 Argentine Peso (Unofficial)

3.23 Australia

.0550 022726 92.11/10

Brazil

040413

Belgium

Canada

03.15

Chile

England

4.03

France

DA

India

2024

Nexico

.1630

New Zealand-

334%

Peru

.0700

Portugual

South Africa

4.031%

@weden

2763

Switzerland

JA33

Cruguay,

6300

Vencrucia

3010

Shangha! (CN100,000)

0255

Netherlands

ATTO

Batavia

3785

11ved

Singapore Hongkong

*4730 2405

Frodnose: How do you know that snails do not travel long distances?

Myself: Nobody has ever long enough to follow one of them on a trek, but the Surrey branch once of the Friends of the Snail ringed the horns of forty-two snails All the membern kind of life a person the learner is in part dependent near Leicester: leads that helps to determine upon the stimuli and energies pre-died before the marked snails were

traced. his LQ or amount of intelligence. sent in one's environment.” - Dr George WHartman of Colum- bla Univerzity believes.

I'

FT is the

Hartman. Professor of Education at Columbia's Teachers' College, said emotional experiences also can cause a person's LQ. to go up or down.

Prodnose:

Where

were

they

found?.

to

Under Dr Hartman's theory, even a young genius would have trouble putting his mental capacities work unless he had good environ- ment. He raid that the natural Myself: Near Leicester. The mem- too for mental capabilities are enriched by bere had been looking

environment. such good

On the alleld-In Hereford, as a matter of In other words, he said, the old other hand, they are "starved" | fact. concept-that---"you were born-just-during-the developing stage...if the

so bright and no brighter, and that by you were stuck for life with one definite intelligence quotient," has been found to be not true.

6. Where is the largest telescope

For today's Lesson Hand I have taken a safety play given in Mr.In the world? Reese's book. When the opening lead of the king of diamonds holds, West shifts to the queen of clubs,

Looking at both hands it is ab- two losing vious that declarer has spades. He already has lost a din- mond and must lose a club trick. How can he condense his four losers into three?

First of all he must win the first club trick In dummy with the acc. If he does not East can overtake lead the queen with the king and through the spades.

Declarer's next play should be the ten of diamonds, discarding the six of clubs from his own hand. West will win this trick with the jack and lead another club. South trumps, a small then leads the aco and trump. On dummy's nine of dia- monds he discards the three of spades, and this establishes the eight of diamonds for the discard of the queen of spades.

What actually happens is that on the ten, nine and eight of din- monds declarer discards three los- era. But only two of those tricks are real losers because one of them becomes established for the trick needed to make the contract.

(Answers on Column 5).

CHESS PROBLEM

By O. KAILA

Black, 4 pieces.

White, 5 pieces. White to play and mate in three. Solution to yesterday's problem:

1. K-R4, any; 2, Q. B (dla ch), ar Kt mates,

CROSSWORD

14. Implement. (0)

Found in any poor award. (3) liftoned. (4)

It was ones reputed to be able

to carry an diephant and yet

py: ank Patricia (8)

Cleanse with clear water. 18)

temporary bed.

Colloquai

24. Adik was larited. (8)

A nudge that could have been a "drop. (4)

Down..

Aprii la famon because it 20. (7)

à. No live trom, so we come to an

· Impaans. (8)

DAM for Jurymen » (0)

4 Daring. (1)

-6. The bakera gais. (4)

4. Nothing pertega backward artist

from bla mother.. (8) 2...

10. Bita off by de; 1. Repeated, t

15. tree up (5)

1.Bird, not'a beach musician. (9) 19. This apple le not, edible, (0%ådɑ' 8. Dan under, W. shah 10, Dangerous colouring. (0)

STROKEƏXSWhat a chase "Shere:

would be, íà 5, 0)

'Belation of yesterday'a VRÍS

1999 BEURIO), Ingizumena (8 Que” 122 žnstrument (thas the intruner!frätys

BALL BUS OUT, Una, šo, secure, the rerezas. (1,-

but it's strangs. (4).

A review of research points more or less clearly to the conclu- sion that the I.Q. of the human or- ganism can be made to rise and fall to a perceptible degree with the difference in the character of en- vironments in which it carries on

environment is bad.

"Of course," he said, "the effects of any environment may fall short of accounting for all the individual differences in various population groups." In other words, environ- ment is not the only factor in helping the mental giant to mature.

Best Approach

Par avion

the

They are prone to air-sickness, but tilis docs not affect

(News itern.) flavour.

THIS

-United Press.

POUND NOTE RATE New York, July 28-The British pound note was quoted in the unofficial market here today at US$298-United Press.

PARIS FREE MARKET Paris, July 20-2n the free here today the US$20 gold. plece quoted at 20.100,

market WAJ

The US$1 note was qualed at 308 france rate of Sp against the black market france-United Press.

Rubber Market

Firmer

New York. July 28Rubber futures today closed two to eight points higher on sales totaling 147 contracts,

the Chartered Bank of India, Aus- tralia, and China, which banks are handling proceeds in Sterling and out payments in sterling under the over- ail sterling agreement."

HONGKONG POSITION

China,

the Philippines, Indo-China, Hongkong. the Netherlands East Indies, as well as Saviat Russia, the Netherlands And Belgium, come under another buy. "Dritain "and ing plan. SCAP *: countries outside the Bterling area which have 'open account' arrangements with. SCAP covering trade with Japan may continue to pay for Japanese cotton textiles at least half in US dollars and up to one half through an exchange of acceptable commodities."

SCAP explained that this had-boen the arrangement previously made for the abovementioned countries as well as British Empire which those in the under the current development could avald Any payment in dollara whatso- aver by shipping from Sterling areas auth Sterling or goods in exchange for Japanese cottons.

SCAP isted as "freeptable

· gooda” commodities needed for Importino Japan, such as cotion wool, jule, rubber, dyestuffs, rayon and wood pulp.--United

Press.

JAPAN-U.S. TRADE

Now York, July 28-SCAP■ Forejen Trado Office disclosed to the United Prea, foday that the volume pt, zaje cleared through ita New York office of Japanese goodă since trading began a year ago was close to US$23,000,000. Tie jokesman cautioned, however, that this was but part of the overall sales: from occupied Japani; since a heavy volume of business is being conducted directly frdm Tokyo over which the New York office has no contrail-

that the The spokesman explained above dollar figure consisted of $12,500,000 from sales directly from inventory, willle the additional $10,500,000 "letter of credit" business, while processed through the New York office, was consummated - y in Japan--United Press...

Dull Time For

Wall Street

New York, July 28,In the stock stocks turned market here today, Irregularly lower late in the session Lafter displaying. Arm tendencies moderately earlier. Trading was active. There was

the nothing in

and news to influence the market, and traders elected to remain cautious.

Experis believe that the market should be heading into a dull nar- The market was quiet and firmer, in raw moving period, and as a result fluenced by the paucily of Singapore they are holding back from any offerings and continued misgivings about further

commitments until this use production rate in Malaya in die light situation is clarified. of the political situation,

July went off the board at noon at 23.03 cents, up 10 points.

THIS does not refer to the new scheme by which tender people are down twice weekly to remote

Unless the international political tension Its activities," he said in a report

for Dr. Hartman said that an inter-cannibal tribes. It refers to lobsters

restaurants, as a well-known rates, the consensus of opinion indicates at the Cooper Union Forum.

actionist theory" is the best op- air hostess revealed. An adjoining what the firm undertone will be con "The quality of the insightful (or proach towards understanding the item says that "Empty bags by the inued. Intelligence developing) processes of development of intelligence. He ex- ton, are to be flown from Antwerp

Why

put the not plained this theory as the combined to Istanbul" action of four kinds of factors upon lobsters in the bags and surprise No? You think not? the Turks? the I. Q.

Well, it was only an old man's whim.

ZBW RADIO

FL.K.T.

Britain

Helated them as:

1. Hereditary factors (the results of Inheritance of certain genes from parents and ancestors.)

4. Environmental

CHECK YOUR KNOWLEDGE

Answors

D

Continued numerous favourable bolstered in- corporation reports dividual stocks, but this sentiment did not carry over to prices as whole.

was Santa Fe

an ex-dividend 22.77 bid 22.70 nominal feature of the session. 22.81

The United States Steel report, an- 22.83 bid

nounced after the close at the session, 22.73 nominal came up to Wall Street expectations, 22.74

and Btec Jesues armed, at the outset, but softened at the close.

Prices cloned as follow:→→ August in cents per lb.) 22.87 nominai September October

22.73 bid 22.69 nominal

22.51 asked 27.62 nominal 22.40 22.31

#>

Losses of over a point were registered by Alled Chemical and International Harvester..

American Can. Union Carbide, Westing- house Electric, Sacpay Vacuum, Du Pont, International Nickel, Bears Roc buck, and General Electric eased.

Goodyear Tyre and Rubber,- Generat Foods, Texas Co, and Ohia Oil countered this trend with small gains.

November

December

January (1943) February

March

April

May

Juna

July

August

September

Spol

LONDON MARKET London, July 23-Rubber futures closed as follow

their the

September (in pennies per lb.) October

14-34

November

14-

December

14-

30 Industrials

January (1040)

14-12

20 Ralls

March

14-F

15 Vulities

United Press.

40 Bonds

1. Neville Chamberinin. 2. Freld-

6. Programme Summary; 0.01, Chit- dren's Half Hour: "The Happy Princo"

2. Constitutional factors (which by Oscar Wilde. (Studio); 0-5, Balvation

not traceable to Army Band: 0.45, Tax Winters and his are organic, but Tumbling Tumbleweeds Studio) 7 inherited genes or social pressures), "Itma" with Tommy Handley (BBCTS);

3. Motivation factors (emotional 7.30, La Demi Heure Francale (Studio): 8, World and Home News (London Ite- effects on the mind, due to fears, lay): 0.15, British Concert Hall (BBC28); frustrations, etc.). 9.10, Ducts by: Anno Ziegler & Webster

factors (the Booth; 9.30, "Window.on Punch (BBCTS): 10, Work and Home results of adequacy or inadequacy rick von Flotow. 3. Because if they News London Relay); 10.15, Weather

become insteless, Report: 10.16, A Short Violin Recital by of one's nutrition, type of social ripen on the trees, they lose Joseph Balget: 10.50, Dance to Ken Mec system, education, home life, mental aroma,

skin splits and admits insects. 4. and His Band: 11 Radio News Reel stimulation, etc.)..

Therefore, (London Relay); 11.15. Weather Report

given the proper Australian and New Zealand Army and Close down

chance, most human beings can im- Corps of World War I. 6. The Baltic

their prove

1. Q., Dr. Hartman and North Seas. 0. At Palomar believes United Press.

Mount, California.

OUTWARD MAILS

** THURSDAY, “JULY~29

Closing Times. By, Air Luchow, Kunming, Shanghai, Nanking, Fankow, Tsingtao,Peiping. Bwatow, Amoy Tainan and Hollow, 3.30 p.m. Bangkok, Singapore. Batavia, Colombo,

Bydney and Auckland, 8 p.m.

Closing Times By Bea

Bhanghat (Ben) a p.m. qu

Formnia via Keelung and Foochow (Sex)"

3 p.m.

pun.

Macao and Teinshan ́(Bea)

Kangnoon (via Canton) irvais) 6 pun. Canton (Parcels & and dlass mail) (dex),

bp.m.

FRIDAY, JULY 20

Closing Times By Air Canton, Kowloon CPO) 1.30am, 10 am, 12.30 p.m., 3 p.m.; (GPO) 7 2.m.. 9.30 8.m., Noon, 2:30 pm. Shanghai, & aim. (rew): 0.36 am, (ord). Shanghai, Nanking Hankow.

Taingiao, Peiping, Amoy, Yoochow, Bwalow and Tainan, 3.30p.m.

Closing Times Dy Sen & Train

Maçao and "Txinahan (Aaa) Ba.m.

Ceylon East, and· South Africa, Aden

and Egypt (BCA) 10 am.

Bairon (Bea) -10-6.m. --

angkak (84) 10 am,

Bwalow and Aroy (sex) 2*p.m. Maso and Tainshan (5#x) = pum, Canton (2nd clam mail only)...,(train), Straile, Eleinvis, Bourabaya and Mackerr

pm.

Manila and Marseilles (Ben) a p.m. Macao and: Tainshan (den) "4 pun. Kongulogh (via Canton) (Trxín)] Canton (Parcela & End class-mail)

4 pm.

United Press.

today

KHATCE.

Trencactions totalled 340,000 of 903 issues traded, 417 wers lower, 374 14-14 liigher and 241 unchanged.

Dow Jones averages at the close of tha pessien stood as follows:-

203.00

63:43

20.70

D9.50

United Preta.

LONDON STOCK NEW YORK METAL

to

EXCHANGE

MARKET

London, July 28--Convinned that the doldrums here are more or less Indefinite, speculators on the London Stock Exchange today again switched

perconi) in bulk of cars ' Government issues.

Load tot P0.3. Texa ̈USI 0,25 causing rises of as much as 1/4th, with Tin. Grade A 93.3 percont

or higher) British Electricity 3 percent at a Tungsten, powdered. (99--- new high at 100-0/19, But as soon percent)

ceased,

prices

New York, July 29The following prices were quoted in the Netals Market hare today Antimany (American 2015

Tower.

Industrial shares were quiet with perhaps the lowest turnover for a Long Himo.

Olls, were irregular, with Royal Dutch up 1/8 at 23-1/4-United Press.

Exchange

Rates

Copper octrolytic Ex- port TAS New York) goer Ib.

Zine (Prime Wester, New

York), per ··1h, Manganese.

09.3 percent Manganese, delivered east of Milania- sippi River) per ib.

Iron Ore · (835 percent dron, delivered lower. port Lake Superior), per long toni”).

in KANA N Barap prices today 1.13) Cooper, FOH; · per

*(ight)"

ng

buying

drifted Wolframite

(Chinese orn containing · Tungsi t = Trioxido) duly paid

FO.D. New York," "Des short tan

0.16/20

2135 cents

17.65

TER SATURDAY svomno roer D

·Business was done in the local tisí» official exchange market this morning the following ratania

U.S. dollars (per· Uskiyo

Ment--Would you like to be radio-active? That active in the field of radio?.... If, so, drop a card to.

Chinese dollars (per GN$1 m Sterling note: (per £):

Cold bars (per tael) Pinsires (per 100) ~71, Blun tiesim (per 100); NEL guliders (per 100)

33.00

per ton.

theavy soft)

ANOJ

heavy

as follows

US$15.00/10.23

[15,50/10.00

40,00 Press